Job Title:  Product Controller

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com

Job Description

Job Title: Product Controller

Corporate Title: Vice President

Division: Finance

Location: Singapore

Licensed:  No

Function Overview:

The FX & Emerging Markets BFC (PC) team serves as the strategic financial advisor to the CFO, driving revenue optimization and balance sheet excellence across the Finance division from our Singapore hub.  The team oversees the complete spectrum of Fixed Income (Rates, FX) financial instruments—from vanilla to complex structured and hybrid products—spanning across regional and global underlying’s. The team acts as the data steward of firm’s performance and supports the CFO to project and challenge business performance leveraging the right financial metrics to optimize ROE. The team is also responsible for booking model, discounting curve changes, legal entity controls and new business enablement

Responsibilities:

• Responsible for value-add analysis, advisory, control & governance around the revenue generating capacity of FX & EM business. As a control function, identification of control gaps and managing financial implications and providing strategic solutions is key for this role.
• Take ownership, and be accountable for the timely and accurate calculation, verification, reporting of daily revenue & BS to internal stakeholders and managing issues independently.
• Undertake smooth and accurate closure to month-end books, inclusive of Balance Sheet substantiation
• Interaction with Business, Middle Office, Quants, Treasury desk, Operations, FC&R and other functions to resolve booking, P&L attribution, technical accounting (IFRS, USGAAP), valuation and financial resource related queries etc.
• Handle queries on Treasury related charges, bespoke transaction deals and resolve any adhoc issues around P&L, Balance Sheet and valuation matters working closely with Valuation Control team
• Support cross-regional and LE bookings, new product initiatives and various projects involving the Businesses. Drive projects to solve problems around bookings, LE, p&l & BS and valuations (e.g. financial industry changes like adopting new discounting benchmarks etc.)
• Always develop strong partnership with the various stakeholders with a solution minded approach on key focus areas.
• Constant focus on Process re-engineering, Automation and leveraging digital tools to optimize process and while ensuring best practices.

Requirements:

• University Graduate/Postgraduate in Finance, Economics, Accounting and other professional qualifications (FRM, CFA, CA) is required
• Minimum 5 years of experience as VP in product control/valuations/market risk in investment banking or a large financial services company
• Experience in FRTB (TBBB  boundary), P&L attribution, cross-border (legal entity) bookings and controls
• Understanding of basic accounting concepts and knowledge of technical accounting and financial resources (capital, leverage exposure, NSFR etc.) is preferred
• Can demonstrate understanding of Vanilla and Structured Products within Rates and FX, including valuation, pricing and associated risks.
• Understanding of liability side of business (e.g. Note Issuance) and Treasury related funding matters is preferred
• Proven analytical, communication, and problem-solving skills, with the ability to work independently and deliver results within deadlines
• Experience in managing or contributing to cross-functional projects, ensuring clear communication and timely execution
• Digital tooling (AI, PBI, Alteryx, Python, VBA) and MS Office for data analysis, reporting and data visualization will get preference

Nomura Leadership Behaviours

• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer